Results     13-Apr-23
Announcements
Avantel consolidated net profit rises 59.38% in the March 2023 quarter
Sales rise 12.46% to Rs 52.53 crore
Net profit of Avantel rose 59.38% to Rs 9.69 crore in the quarter ended March 2023 as against Rs 6.08 crore during the previous quarter ended March 2022. Sales rose 12.46% to Rs 52.53 crore in the quarter ended March 2023 as against Rs 46.71 crore during the previous quarter ended March 2022.

For the full year,net profit rose 49.28% to Rs 26.84 crore in the year ended March 2023 as against Rs 17.98 crore during the previous year ended March 2022. Sales rose 47.17% to Rs 154.45 crore in the year ended March 2023 as against Rs 104.95 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales52.5346.71 12 154.45104.95 47
OPM %34.5119.35 -30.3125.38 -
PBDT16.729.13 83 42.4426.50 60
PBT15.197.96 91 36.6722.47 63
NP9.696.08 59 26.8417.98 49

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